Suzuki and Toyota tie up and share some models from Next Year
Here is a latest & surprising news for everyone. So the news is that, the two leading Japanese company Suzuki and Toyota are announce to signing an agreement that they will be sharing certain model in India. Suzuki will supply the Baleno hatchback and Vitara Brezza compact SUV to Toyota, while Toyota will be manufacturing the Corolla sedan for Maruti. The first of the shared models will come out in the second quarter of 2019.
Suzuki and Toyota have been exploring ways to partner in India since February 2016, and, in November 2017, had announced a Memorandum of Understanding to create a joint strategy to introduce battery electric vehicles in the country in 2020.
If we talk about the agreement, the product-sharing agreement is a win-win for both manufacturers. The product sharing will help plug a vital gap in Toyota’s line-up. The Vitara Brezza-based model and Baleno-based models will give Toyota a much-needed presence in the hugely popular compact SUV and premium hatchback segments. The Corolla-based sedan, on the other hand, will help Maruti expand its line-up and give the carmaker a premium offering, which could be retailed from the Nexa sales network.
The Toyota-badged hatchback is expected to feature the same engine, chassis, suspension and other technical specifications, which are there in Maruti Baleno. The Maruti Baleno is powered by a 1.2-litre petrol engine paired with a 5-speed manual transmission or a 1.3-litre diesel engine paired to a 5-speed manual transmission.
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